Mayor tells Metro Homes to get back to work or get out of the way
By JOANNE L. PAPAIANNI
The city of Asbury Park declared Metro Homes, the developers of the Esperanza, in default this week and gave them 72 hours to resume working on the luxury beachfront condominium complex.
Work on the project was stopped Dec. 7 and at the time Dean Geibel of Metro Homes said he was in sensitive negotiations regarding the project.
Geibel also said the shut-down may only be temporary.
(more…)